English to Slovak Law/Patents Law (general)

Explanation:

A Walking Possession is a legal document signed by both you and the bailiff that means that the items listed have now been “seized” or, to put more simply; they have been reserved by the bailiff so that, if necessary, they can be sold to pay the outstanding debt if you default on a payment arrangement.

Close Possession means that the bailiff will be left on the premises to guard the goods as a “possession man” to ensure that the goods are kept safe and are not removed.

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